18th Oct 2010 09:00
18 October 2010
Monitise plc (the "Company")
Director Shareholdings
Monitise plc (LSE:MONI.L) announces that on 15 October 2010, certain Directors and other staff exercised existing options over 4,680,000 ordinary shares of 1p each in the Company ("Ordinary Shares") awarded under the Performance share plan.
Details of the options exercised by the Directors are as follows:
|
Name |
No. of options exercised |
Exercise price |
Date of grant |
|
Alastair Lukies |
4,000,000 |
1p |
14 October 2008 |
|
Lee Cameron |
200,000 |
1p |
14 October 2008 |
|
Tom Spurgeon |
140,000 |
1p |
14 October 2008 |
Also on 15 October 2010, the following Directors sold shares resulting from the exercise of the options solely to satisfy PAYE and national insurance liabilities, fees and other costs:
|
Name |
No. of Ordinary Shares sold |
Sale Price |
Beneficial interest in Ordinary Shares following the exercise of options and share sale |
% of the share capital of the Company following the exercise of options |
|
|
|
|
|
|
|
Alastair Lukies |
2,444,817 |
23p |
5,424,222 |
0.78% |
|
Lee Cameron |
122,241 |
23p |
1,019,127 |
0.15% |
|
Tom Spurgeon |
85,569 |
23p |
607,413 |
0.09% |
Of the 4,680,000 Ordinary Shares to be issued following the exercise of options, 2,985,526 are to be issued under the Company's existing block listing arrangements. Application has been made for the remaining 1,694,474 Ordinary Shares to be admitted to trading on the London Stock Exchange's Alternative Investment Market ("AIM"). It is expected that Admission will become effective and that dealings will commence in the remaining 1,694,474 Ordinary Shares on 21 October 2010.
-ends-
Monitise plc Tel: 020 7947 4300
John Brougham, CFO
Evolution Securities Limited (NOMAD and Joint Broker) Tel: 020 7071 4300
Bobbie Hilliam
Tim Redfern
Piper Jaffray(Joint Broker) Tel: 020 3142 8700
Jamie Adams
Financial Dynamics Tel: 020 7831 3113
Juliet Clarke
Haya Herbert-Burns
About Monitise
Monitise plc (LSE: MONI.L) is a global leader in Mobile Money solutions, with the proven technology and expertise to enable financial institutions and other service providers to offer a wide range of mobile banking and payments services to their customers in both developed and developing territories.
With live services in the UK and in the USA, where it is in partnership with FIS, the company is currently working with international partners to deliver similar safe, secure mobile banking and payment services in territories worldwide, including India and the Asia Pacific region. Current key partners include Visa, VocaLink, FIS, HSBC, Lloyds TSB, First Direct, Royal Bank of Scotland, NatWest, Travelex, Ulster Bank, Standard Chartered Bank, Vodafone, Orange, O2, T-Mobile, 3 UK, The Carphone Warehouse and First Eastern.
For more information visit http://www.monitisegroup.com
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